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Leonard E. Read

Leonard E. Read

Leonard E. Read

Leonard E. Read

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12Quotes

Leonard Edward Read was the founder of the Foundation for Economic Education (FEE), one of the first free market think tanks in the United States. He wrote 29 books and numerous essays, including "I, Pencil" (1958).

Popular Quotes

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Quote
"When all the verbiage is cut through and all the shouting dies down, what really is it FEE argues for? Just this: You preposterous egotists! Get the hell off the backs of folks who know as much as you but who know they don’t know much. Leave us with ourselves and our Creator. The Creator, not you, is our source of creative action. Sure, all of us will organize to protect this creative relationship but, other than this, get gone! Leave the creative relationship be, you would-be gods! We are no less fallible than you but you are dizzy."
Leonard E. ReadLeonard E. Read
Quote
"Assuming the market is free from fraud, violence, misrepresen­tation, and predation, the economic failure or success of any individ­ual is measured by what he can obtain in willing exchange—fair­ness being a state of affairs that is presupposed in the assumption. Everyone, according to any moral code I would respect, is entitled to fairness in the sense of no special privilege to anyone and open op­portunity for all; no one is entit­led to what is implied by a fair price, a fair wage, a fair salary, a fair rent, or a fair profit. In mar­ket terms, one is entitled to what others will offer in willing ex­change. That is all!"
Leonard E. ReadLeonard E. Read

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